Crude prices on the up and up

OPEC's dedication to quota restrictions and the looming US driving season have again contributed to the latest surge in crude prices. But now things are becoming serious with oil once again hitting pre-war highs and promoting predictions of stunted global economic growth.

Crude prices on the up and up Crude prices on the up and up Crude prices on the up and up Crude prices on the up and up Crude prices on the up and up

Demand in Asia and low inventories in the United States has help to push IPE Brent for April delivery up 66 cents to $US32.

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